Sentences with phrase «if the loan defaults»

The firm themselves would face difficulties if loan defaults were to rise.
If the loans default anyway, the private lender could recoup its losses from the government.
They buy them from lenders, wrap them into securities and make guarantees to make investors whole if the loans default.
In return, the SBA covers 75 to 85 percent of the loan for the bank if the loan defaults.
This insurance helps defray the lender's costs if a loan defaults.
Jeffrey Naimon, an attorney at BuckleySandler, said banks are punished enough if a loan defaults because the ability - to - repay rule allows borrowers to sue a lender for alleged underwriting mistakes.
Compare this to loans that are 35 months old; regardless of if the loan defaults or prepays by the end of the 35th month, the return series in each case will be similar to differences only in the last few months of returns, and the difference in variances of the defaulting and paying loans will be much smaller than the 9 months example above.
Rita Parise, director of programs for the Ohio Housing Finance Agency, says taxpayers won't be on the hook if the loans default.
Do you think if the loan defaults, the bank is going to take everything, and all of a sudden there's going to be a Star Citizen «game» left untouched, and CIG / F42 can just carry on developing that game, having stiffed the bank, like it's perfectly OK?
In return, the SBA guarantees 75 to 85 percent of the loan for the bank if the loan defaults.
Because a VA Loan is backed by the government the lender assumes less risk if the loan defaults.
This insurance helps defray the lender's costs if a loan defaults.
SBA loans are offered by individual banks but are guaranteed by the federal government, so if the loan defaults, the government covers 50 — 90 percent of the loan.
If the loan defaults, the car provides the security.
I guess my question is: What can Sallie Mae do to her if her loans default besides pester her with phone calls and a collection agency?
Even the biggest banks, now enjoying record profits, worry that if their loans default, the agencies that guarantee them — Fannie Mae, Freddie Mac and the Federal Housing Administration — will find errors in underwriting and force the lenders to buy back the loans and swallow any losses.
Even better, if the loan defaults, Upstart turns the fees that were collected when the loan was originated over to investors in the loan.
If the loan defaults, the lender submits a claim and the FHA will pay out the balance of the loan under the guarantee.
If the loan defaults, the lender's rights are limited to the asset held in the separate trust.
If your loan defaults, your balance becomes due in full immediately.
But under the agreements, if the loans default, the bank could go after Trump's other assets.
If that loan defaults the lender would have to make good on the loan or have to buy the loan back since the FHA loan has lost their FHA insurance.
This means that if the loan defaults you are both equally (and individually) liable for the full balance due.
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